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OFFON

FACEBOOK INC

(FB)
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News publishers need a better deal from tech platforms - Reach CEO

03/01/2021 | 03:48am EDT

LONDON (Reuters) - News publishers need to work towards a deal with major tech platforms such as Facebook that will benefit both sides, the chief executive of British newspaper group Reach said.

"We would obviously think that the publishers need to get a better deal and a far more transparent look at how platforms operate," Jim Mullen said on Monday.

"But both the platforms and the news publishers are better together with each other (...) so we are constantly working with them. But also we will lobby and speak to government about having at least a fair and transparent process with regards to media and advertising."

(Reporting by Paul Sandle; editing by Sarah Young)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
EDITAS MEDICINE, INC. -4.39% 59.34 Delayed Quote.-11.47%
FACEBOOK INC 2.00% 353.335 Delayed Quote.26.65%
MULLEN GROUP LTD. -0.91% 13.12 Delayed Quote.20.64%
REACH PLC -0.53% 374.5 Delayed Quote.162.19%
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Analyst Recommendations on FACEBOOK INC
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Financials (USD)
Sales 2021 120 B - -
Net income 2021 40 634 M - -
Net cash 2021 79 290 M - -
P/E ratio 2021 24,5x
Yield 2021 -
Capitalization 975 B 975 B -
EV / Sales 2021 7,50x
EV / Sales 2022 6,07x
Nbr of Employees 63 404
Free-Float 84,0%
Chart FACEBOOK INC
Duration : Period :
Facebook Inc Technical Analysis Chart | FB | US30303M1027 | MarketScreener
Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 49
Last Close Price 345,96 $
Average target price 416,29 $
Spread / Average Target 20,3%
EPS Revisions
Managers and Directors
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
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